making changes with societalimpact, based on discoveriesand/or invention

Science & Research are necessary,

but not sufficient for innovation

AGE DISTRIBUTION OF COMPANIES’ CONTRIBUTION TOINNOVATION: EUROPE V. US AND OTHERS

US: approx.21%

EU: approx.2%

Bruegelpolicy brief2009 ReinhildeVeugelers

BEHRING, NOBEL, CITROEN, SIEMENS, REUTER =

= EUROPEAN HISTORY

BOYER, GATES AND ZUCKERBERG

= U.S. REALITY!

WANTED

HOW

to motivate kids

to set up garagecompanies inEurope?

wanted

EARLY PUBLIC SEED MONEY

TO LEVERAGE HIGH IMPACT INNOVATION INVESTMENTS

I.EIT MISSION AND

GOVERNANCE

EUROPEAN INSTITUTE OF

INNOVATION AND TECHNOLOGY (EIT)

•EIT to unlock the Europeaninnovation landscape through anew agenda at EU level

•EIT is the first initiative of the EUbringing together thethreecornersof the knowledgetriangle with the entrepreneur inthe driver’s seat to form thenecessary links betweeneducation, business and research

MISSION:

“To become the catalystfor a step change in theEuropean Union’sinnovation capacity andimpact”

HigherEducation

Business

Research &Technology

THE CORE OF INNOVATION IS THE

KNOWLEDGE TRIANGLE (KT)

Actors in the knowledge triangle are at the core of theinnovation web

ENTREPRENEURSHIP:

Driver of KT

EIT CURRENT STRATEGIC STRANDS

1.Further development of each KICco-location centre as ahotspotdriving innovation effectiveness, results and impact;

2.Consolidation ofEIT Budapest as a knowledge pulldrivingsimplification, result orientation and good practice

•To drive and support the development and implementation of theEIT Entrepreneurial Alumni

•To add value to KIC-own operations

BUILDING THE EIT ENTREPRENEURSHIP AGENDA

HOW

to motivate kids

to set up garagecompanies inEurope?

EITEntrepreneur-ship Charter

EIT

Culture

“EIT-labelledBusinessAccelerator”

EITEntrepreneur-ship Award

(incl. VentureCup, MentorshipScheme etc.)

EITRound Table of TopEntrepreneurs

Community Building

EIT Entrepreneurshiptoolbox

FIRST EIT ENTREPRENEURSHIP AWARDS

Brussels, February 2012

•To promote a risk taking culture in the KICs and beyond by putting thespotlight on and encouraging entrepreneurial ventures.

•Three ventures will be selected for the award in 2012 from among thecandidates proposed by the three KICs.

•First EIT Entrepreneurship Award Ceremony is scheduled for February 2012 incollaboration with Science Business

•The three 2012 Award winners will be granted EIT supported promotionalactivities, access to the EIT’s network of contacts, opportunities to expose theirventures to global experience, joint participation with the EIT in internationaltrade fairs for a 12-month period. Mentoring with CEOs is also being discussed.

FIRST EIT ROUND TABLE OF TOP ENTREPRENEURS

Budapest, July 2012

•Annual ‘light tower’ event to exchange views and experiences with 15-20outstanding individuals with a record of excellence in entrepreneurial andinnovative enterprises

•First Roundtable scheduled for July 2012 in Budapest

•To address topical entrepreneurship subjects through a mix of key notespeeches, debates amongst panellists and interactions with the audience

•Forum for mutual inspiration and dialogue in the field of entrepreneurship andinnovation between the EIT, the top level entrepreneurs and other stakeholders(students, European Commission top officials, MEPs, industry leaders, KIC andCo-location managers)